GUIDANCE

In July, the Labour government’s permanent Mortgage Guarantee Scheme became available, after the previous iteration supported over 56,000 mortgage completions. The old scheme, which ran from April 2021 to March 2025, was launched by Boris Johnson’s Conservative government. It helped 56,389 people to access mortgages with smaller deposits, with 3,180 completions in Q1 of this year. The scheme was open to first-time buyers (FTBs), movers and remortgagers, but the vast majority

The number of UK homeowners with more than £300,000 left to repay on their mortgage has nearly doubled in the past seven years,...

Nearly two-thirds of UK homebuyers faced unexpected costs in the past year, according to recent research. First-time buyers were hit...

House prices crept up again in May, with Nationwide reporting annual growth of 3.5%, slightly above April’s 3.4%. Prices also rose 0.5%...

More than two million UK mortgage holders would be facing financial distress if their income suddenly stopped. That’s the key finding...

Bank of England (BoE) Governor Andrew Bailey is confident inflation will fade in 2025, which could mean as many as four interest rate...

In February, the Monetary Policy Committee (MPC) voted to reduce the Bank Rate to 4.5%. Despite this being the third reduction since...

The UK economy may be slowly recovering but many Brits are still feeling the financial pressure, with one in 10 homeowners struggling to...

Are you considering making mortgage overpayments? Here’s what to consider. If you can afford it, there are many advantages to overpaying...

Owners of electrical vehicles (EVs) are advised to check their motor and home insurance policies as they could fall into the double...